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Shasta Ventures CERTIFIED

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FIRM OVERVIEW: Medium Private VC founded in 2004 based out of Menlo Park, USA (US West)

FIRM DESCRIPTION: Shasta Ventures a leading Silicon Valley venture capital firm with $460M under management.
The partners at Shasta Ventures have deep experience in each of their sectors: Consumer Internet; Software; Infrastructure.

Pitched to him a couple of years ago. Very interested but couldn't pull the trigger. Every 6 months, asks for an update and thinks about it and decides to wait more.
He boasted that one company he invested in, he talked to them for 18 months before investing. If you have that much patience, go for it.

Know another CEO in a company he invested in. Says he is very conservative and risk-averse. Not happy with him on the board.

Posted by
RuralRoute6
on 2007-08-18

PUBLIC:

Believe Rob Coneybeer and Jason Pressman are right up front with their current situation and evaluations. Would rather get straight feedback rather than try and make you feel good. Appears that they often have full plates.

Posted by
MartinEden
on 2008-05-27

PUBLIC:

Met everyone on the team but spent the most time with Rob. Went about as far as you can go without getting the deal done. Overall, took too long to get through all the meetings, etc., so we took $ from other sources. However, I would recommend these guys highly. We pitched a lot of VCs and had a competitive process. Of the VCs we pitched, these guys did the best with:
-Understanding the product, market and business model, and speaking to reasonable extensions of the business.
-Willing to engage early and continue the process until a deal could make sense for them.
-Being open-minded with terms required by founders.

I pitched Tod and Rob and they definitely have different styles. Tod is very friendly and engaged. Rob, as some have said here, does seem a little more arrogant, and I found it hard to tell if his attitude was justified. But overall the meeting was productive. Tod was very interested in our space and asked excellent questions. He was very helpful with feedback and open with his concerns, which was refreshing. He definitely knows his stuff.

Posted by
ebbandari
on 2015-02-16

PUBLIC:

I met one of their associates at an event organized by a firm and bunch of us pitched to him. Super super young sounding and young acting.
The other participant was also an associate, which did not help. But there was a distinct difference.
The comments were generic, if they were not borderline idiotic.
I think everybody left thinking their morning was totally wasted.
I don't mean to beat up a little associate either. They are generally inexperienced. But associates are generally the first line of gate keepers. If the rest of the firm anything like this, then...

Sean Flynn was not only great in the pitch meeting, but he also followed up quickly via email. Alas, he passed on investing. He also followed up with the contact that introduced us, and has offered time to talk through why he passed in more detail.

Sure, I'm not happy that he didn't want to move forward, but he treated us with respect throughout and is very professional.

Posted by
reinspruch
on 2007-12-19

PUBLIC:

I met with Brent and Ravi, and they left me with a good first impression. They asked good, relevant questions. It was clear they had read the presentation beforehand and weren't coming into the meeting cold. I will definitely ping them when the time comes to raise more money.

Also, if anyone has read any of my prior posts, you will know that returning emails in a timely manner is a major pet peeve of mine. It is a sign of respect and decent courtesy. So Shasta passed my personality test with flying colors :-)